IMPROVEMENTS IN EFFICIENC MEASURES DERIVED FROM FARM TAX RECORDS

Bill Miller and Clifford M. Carman

No 284523, 1974 Annual Meeting, August 18-21, College Station, Texas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Two levels of input aggregation are compared as a means of introducing rigorous efficiency measures into traditional farm. business analysis of dairies in farm record systems. Using a technique developed by M. J. Farrell, economic efficiency is partitioned into technical and price efficiency. A seven-variable aggregation of commonly observed dairy inputs appeared to provide reliable management direction for reorganizing input use.

Keywords: Productivity; Analysis (search for similar items in EconPapers)
Pages: 16
Date: 1974-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea74:284523

DOI: 10.22004/ag.econ.284523

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